October 16, 2024
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Tag: afdb

New private equity fund to invest in sustainable energy in Nigeria

Energy Worth03 mins

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank (AfDB), has approved a $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF). This new private equity fund has been developed by Nigerian impact investment firm, All On. NEAF will make strategic investments in sustainable energy…

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Financing power projects in Africa: From pipe dream to project bankability

Energy Worth018 mins

Many energy schemes across Africa wither because of the absence of effective financing structures. However, both development finance institutions and commercial lenders are committed to finding solutions that could transform the continent’s prospects. James Gavin reports. The race is on to find new ways of catalysing finance for projects that provide electricity to all Africans….

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